1 day ago
9
ARTICLE AD BOX
The naira depreciated on Friday, dropping against the dollar astatine the authoritative overseas speech marketplace to end the week on a antagonistic note.
The Central Bank of Nigeria’s information showed that the naira dipped to N1,375.46 against the dollar on Friday, down from N1,372.31 on Thursday.
This means the naira weakened against the dollar by N3.15 connected a day-to-day basis.
However, astatine the achromatic market, the naira remained astatine N1,400 per dollar on Friday, the aforesaid complaint since Monday.
The improvement comes arsenic the country’s overseas reserves roseate to $48.89 cardinal arsenic of May 21, 2026, up from $48.72 cardinal recorded 2 days earlier, according to apex slope data.
DAILY POST reports that successful the week nether review, the naira recorded some gains and losses against the dollar successful the authoritative overseas speech market.
English (US) ·